Wayne Preparatory Academycharter School Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 7,283,996 | 6,741,876 | 542,120 | 2.3 | 0% |
| 2021 | 8,325,995 | 8,375,177 | −49,182 | 1.8 | 0% |
| 2022 | 10,094,949 | 10,404,910 | −309,961 | 1.1 | 0% |
| 2023 | 10,693,404 | 11,357,353 | −663,949 | 0.3 | 0% |
In its most recent public year (2023), this organization spent $663,949 more than it brought in. Its reserves stood at about 0.3 months of spending, down from 2.3 in 2020. Staff pay was 0% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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